Any TV that has a SCART input will do. I'm in Holland, and I use TV's to replace original "arcade" monitors in classic cabs. (Check the Centiepede and Galaxians links under my posts) Works OK for me, saves a lot of money, picture is the same as arcade.
You only have to be able to solder some wires to a SCART connector, and of course you need to use either an ArcadeVGA from Ultimarc or run a software solution like Soft-15Khz.